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I do not like losing money any etter than anyone else. The difference between you and me is that I own up to my mistakes while you blame everyone else.
Investor729 you are one real angry woman.
Tell me how your investment is helped by blaming others all the time. Tell me how your investment is helped by always being negative but rarely indicating that your negative statements are your own opinions not facts. Posters like you are cancers.
Regular normal shareholders are not as negative nasty or judgemental as you are. You strike me as a penny player who bought into ISCR stock for all the wrong reasons. What you lack in integrity you make up for in surliness. To quote you, "Frankly I doubt you are a shareholder like most of the rest of us here."
You are a bitcher and a complainer. Have some cheese with your wine.
Investor729 I do not believe Sully will be crushed when you are not a part of his listening audience tomorrow.
Hoot Gibson one of the finest human specimens ever created just ask him. To my knowledge except for bashing on the Raging Bull board Hoot has nothing to do with ISCR. His time at RCO was much more interesting so interesting that he has landed on the radars of the feds.
Chuckerfmfla I did receive your mail thank you but cannot send back using Ihub because I am a cheap SoB.
Zeroluv if you read the sections in the 10Q that deal with the Cox resignation it leads you to believe that Mr. Cox was going to remain as CEO and then something occurred just before or at a court hearing in the Kelly law suite on August 14. We will probably never know what that was but the next day Mr. Cox resigned. Mr. Cox said he was put under pressure by the Board of Directors and the company said he was involved in unapproved contracts. With the resignation coming the day after the Kelly court hearing the two were probably related. Law suites are funny that way.
Vic you wrote As to Cox having his hand in the cookie jar...I don't see it in the 10Q statement. What I see is a disconnect between the BOD and Cox.
In today's politically correct and litigious world a company cannot call its former CEO a crook until after a judge and jury say it is so. But if it walks like a duck and quacks like a duck it must be a duck. The ISCR disclosure is very similar to the disclosures RCO put in its 2004 10K which also came out two weeks late. A week earlier there were rampant rumors that the CEO had resigned.
We further found that while the controls over initiating and recording routine transactions were adequate, we had inadequate procedures to determine when and how a certain contract was executed by an officer acting on an ex-parte basis, without the full knowledge or approval of our Board of Directors. Further, we have experienced a disconnect in communication between our Board of Directors and our CEO regarding internal disclosure of the existence of a certain contracts and approval of certain contracts. We believe that we have corrected this deficiency and will continue to carefully monitor the proper application of this control.
Snow you are a piece of work. You bash first and then read the 10Q later and then bash again.
How can that be you ask. You loser.
Chuckerfmfla if you owned it then you know that RCO was a sorry mess and a totally corrupt company. The last CEO admitted to taking bribes with money delivered in brown paper bags and to diverting over $2 million from the company to his sister and as amazing as it sounds the last CEO was not the biggest crook. RCO also had a large group of message board posters on their payroll who acted as full time pumpers as well as attack soldiers. The current criminal case in New York is exposing many of the people who played a role and it sure is scary isn't it Larry. In my opinion this RCO case will be the first case where message board posters will be prosecuted as company insiders for federal securities fraud. Be fortunate that you sold your shares after a short time.
Chuckerfmfla over on the message boards for the late and not so great Medix Resources/Ramp Corp. the shills and company sponsored posters used to say "connect the dots" The shills would put together 4 or 5 lies, unrelated facts, unsubstantiated rumor and made up BS and then get posters to believe there was some great plan. The master at this was a fellow who posted as Ibemedix. Of course this is just my opinion but 30,000 former shareholders can testify to the criminal brilliance of the people who worked that 5 year scam of all time scams. But one thing I did learn from that beating is that sometimes you can connect the dots if you read SEC filings close enough.
Here are some facts I have lifted from ISCR filings
From the NT-10Q on August 15- The Registrant is unable to file its quarterly report on Form 10-QSB within the prescribed time period because the Registrant was awaiting details from a hearing on August 14, 2006 in a litigation in which the Registrant is Plaintiff.
From the resignation letter from Robert Cox on August 15- Please accept this letter as my resignation from InstaCare Corporation as the Chairman and Chief Executive Officer, effective immediately.
From the 10Q on September 1- Mr. Kelly has filed his answer to this complaint and this action has progressed to the discovery stage. On August 14, 2006 a hearing was held in the United States District Court, for the Central District of California to consider defendants’ motions for trial continuance and leave for defendants to file counter claims in the current action. The trial judge in this case denied both of defendants’ motions.
From the 10Q on September 1- We further found that while the controls over initiating and recording routine transactions were adequate, we had inadequate procedures to determine when and how a certain contract was executed by an officer acting on an ex-parte basis, without the full knowledge or approval of our Board of Directors. Further, we have experienced a disconnect in communication between our Board of Directors and our CEO regarding internal disclosure of the existence of a certain contracts and approval of certain contracts. We believe that we have corrected this deficiency and will continue to carefully monitor the proper application of this control.
Connect the dots and it might lead you to the cookie jar.
ddwalker87 the company says in the 10Q that Mr. Cox got caught with his hand in the cookie jar and then quit right before the company was going to disclose the loss of cookies and then fire him.
As of June 30, 2006, Robert Cox, our Chief Executive Officer, and Keith Berman, our Principal Financial Officer evaluated the effectiveness of our disclosure controls and procedures pursuant to Exchange Act Rule 13a-15. Subsequent to June 30, 2006, Mr. Cox resigned as Chief Executive Officer, at which time Mr. Berman assumed the position of interim Principal Executive Officer. Based upon their initial evaluation and Mr. Berman’s reevaluation, Mr. Berman concluded that our disclosure controls and procedures were not effective in timely alerting the Board to material information regarding unapproved actions taken by an officer and director on an ex-parte basis and in timely alerting him to material information required to be included in our periodic SEC filings relating to our financial statement and other disclosures.
We further found that while the controls over initiating and recording routine transactions were adequate, we had inadequate procedures to determine when and how a certain contract was executed by an officer acting on an ex-parte basis, without the full knowledge or approval of our Board of Directors. Further, we have experienced a disconnect in communication between our Board of Directors and our CEO regarding internal disclosure of the existence of a certain contracts and approval of certain contracts. We believe that we have corrected this deficiency and will continue to carefully monitor the proper application of this control.
That is my point. Nobody knows why Mr. Cox left and unless someone who really knows him and that means someone who really sits next to him at church, or really knows another manager at the company will we ever know. Chuckerfmfla doesn't really know if Mr. Cox is a decent man. He would like to believe he was and so would I but I still cringe every time a company manager is discussed by his initials or first name. Hundreds used to do it on the RCO Board like every one of them went bowling with those RCO guys every Wednesday night. This went on for years. It turned out that the RCO managers were dishonest and anyone who really knew them is probably under investigation or indictment even several message board posters. Isn't that right Larry.
Chuckerfmfla how would you know about BC? Every time I read something like that I cringe. People used to refer to the management at RCO by their first names or initials like they all sat next to those crooks at church. The truth is the guy could be a serial killer and you wouldn't know the difference. And something else when a CEO resigns and dissappears like a cool breeze in July there probably is something he is running away from and looking at the stock trading over the last few days it is probably not related to the company or its business.
JPetroInc why don't you call the company and ask. I for one would like to know but I am not as familiar with the players as you are.
Where is it posted that he left ISCR? When a CEO leaves an announcement is usually put out.
Staticline we are sitting in the same pew however to most who own this stock there is no diffeence between the stock and the company. If the stock price sucks the company sucks.
NOTE : ALL SCHEDULED TIMES ARE BASED ON CENTRAL STANDARD TIME (CST)
729 its like I wrote on the other board. If you won the lottery you'd find something wrong with that too.
729 I care about the share price. The difference between the two of us is you are the type who will go to any extent to be first in line. As for the $10 million figure you quote I have no idea where that came from. The first time I saw it was when you wrote it.
Zeroluv I think the Pinnacle Fund sees the ability to make substantial return on their investment because the company is undervalued. 727 is now viewed as a weak hand if after the open this morning he has any shares left. When small shareholders with short sighted goals take on a fund they become prey.
Zeroluv you write about a revenue number, a profit number and revenues per share. The only number that people like 729 care about is share price. Save your typing fingers grief 729 doesn't care.
Chuckerfmfla it is plain bad form to call out a major shareholder like 927 did. The major investor can always swat you like a fly.
And you are only too happy to share your skepticism. By the way your written comments to Pinnacle Fund are arrogant to the max. You ask a public fund to justify their investment strategy to YOU?
Chuckerfmfla either you have trouble understanding what you read or you cannot read. Staticline82 pointed out that over 90% of the shares issued this year were related to the dividend. Is the dividend that bad because if it is I will gladly take your shares.
ARCA and Ameritrade are two low offers again.
I try not mistake opinion particularly negative opinion and conjecture particularly the conjecture of conspiracies with fact. Here is an example, a stock sells off a little, posters like we have in this stock and many others immediately conclude that marketmakers must know something. Boards like this one begin to buzz with conspiracy theories like tonight. S8 shares are coming or the printing press is working overtime. The fact is marketmakers do know something. They know that the majority of message board posters perform no due diligence on their stock purchases. They have level 2 and level 3. Because they make their living by trading stocks watching every tick they spot a trend they see Ameritrade or Etrade or Arcapeligo offering stock in quantity for 2 or 3 days in a row and remember back 2 or 3 weeks ago when the buying was just as chaotic. They see bids banged out with stock being sold stupidly. And the marketmaker makes his move and sells the stock down to a level where they know they can buy a boatload of shares at a no risk price. They do it in complete invisibility because the people who use Ameritrade and Etrade and Arca help them. Many of us watched this pattern in RCO for three years and this stock may repeat that performance unless real retail buying comes in.
Using your fishing analogy with a minor change. I plan to go deer hunting. I plan to shoot as many deer as I can. I pay no attention to the signs that say I am only allowed to shoot and take one deer per season. I pay no attention to the signs that say no unauthorized activities. I could care less that the sign in these woods says animal sanctuary. I plan to shoot as many deer as I can fit into my trailer. I have done this in the past in other woods. Everybody does this. I set a back fire and go hide but the wind changes and nothing comes running in my direction. This really pisses me off. I don't go hunting for nothing. I must have been lied to. Screw that guy who told me there was deer in these woods. I was screwed. There are no deer in these damn woods. I have wasted my time and money. 3 days later I am reading in the paper an interview with a park ranger who says that the woods I was in had the worst fire in 200 years. Campsites were burned up, the stream that runs through was polluted in the burn, and the 2 endangered spieces that lived in these woods are gone forever. And I think, those park rangers are a bunch of a-holes they set that damn fire to keep the hunters out. And screw that reporter that wrote the article. Screw them all. I think I'll go out and burn the rest of those woods. I can't believe I was taken advantage of again.
Staticline82 may be loud but he is not an idiot. He has just joined the list of people that own this stock and who do not look at a company as an investment they look at a stock as an investment. It wouldn't matter what ISCR was called, it could be any company, there is no interest in the business or chances of success only in the price of the stock. It is almost like a wealthy person talking to the fellow who cuts his grass and telling him what a failure in life he is because he spends works for $100 a week and tips not knowing or caring that the grass cutter is doing this to work on his summer tan because he likes the smell of grass and is escaping from his med school classes.
Could it be that what that quote is trying to say is unimportant to you? What if Mr. Cox said "it is high time we stopped trying to grow our business and used all of our time and money to raise the price of the stock." I will bet that would get your attention.
Things look to be in good order. ISCR stock may break out tomorrow and the dasterdly duo who ran RCO look to be on their way to 5 years of free rent. Life is good.
Dividend news!
ISCR: Sets Stock Dividend; 8.334% Stk; X-Jun 07
WEDNESDAY, JUNE 14, 2006 03:30 PM
According to the NASDAQ Dividend List, InstaCare Corp (OTCBB: ISCR) has declared a 8.334% stock dividend. This stock dividend will ONLY be available to shareholders of record as of June 09, 2006.
DECL-DATE X-DATE REC-DATE PAY-DATE
----------- ----------- ----------- -----------
06/14/2006 06/07/2006 06/09/2006 06/16/2006
AMOUNT: 8.334% stock
FREQUENCY: N/A
CHANGE: N/A
ADDITIONAL INFO: 8.334 restricted shares of common stock for every 100 shares held. Will not be quoted Ex.
Looks to me like they are telling us again that they wrote off the Kelly mess.
Mostly traders own this stock and most will sell their dividends immediately.
You answered your own question. The stock isn't behaving well because there are more sellers then buyers. You said yourself you would sell if the stock would only go up some. It looks like many are not waiting. Today was a slow day but it still traded over 3,000,000 old shares.
Why don't you just call the company and ask. Look what speculating answers has done to that Snow.
What are we going to here about in the conference call today?